ORIENTAL CARBON & CHEMICALS
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The Current P/B Ratio of ORIENTAL CARBON & CHEMICALS is 0.36.
Share Price | ₹230.6 | Nov 14,2024 |
Market Cap | ₹230.6 Cr | |
Book Value | ₹637.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.36x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ORIENTAL CARBON & CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹230.6 Cr] as on Nov 14,2024
(/) Book Value [ ₹637.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.36x ]
Thus, for ORIENTAL CARBON & CHEMICALS , the investors are currently willing to pay '0.36 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of ORIENTAL CARBON & CHEMICALS !
The chart below summarizes the trend in P/B Ratio of ORIENTAL CARBON & CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of ORIENTAL CARBON & CHEMICALS
PB Ratio Performance Analysis for ORIENTAL CARBON & CHEMICALS
- ORIENTAL CARBON & CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.30x.
- ORIENTAL CARBON & CHEMICALS 's operated at median p/b ratio of 1.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ORIENTAL CARBON & CHEMICALS 's p/b ratio peaked in Mar2021 at 1.72x.
- ORIENTAL CARBON & CHEMICALS 's p/b ratio hit its five-year low in Mar2024 of 1.03x.
How does ORIENTAL CARBON & CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ORIENTAL CARBON & CHEMICALS | 637.32 | 0.36 | 230.6 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 18.30 | 153,678.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.35 | 90,418.6 |
SRF LTD | 11,458.80 | 5.78 | 66,285.0 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.59 | 45,036.9 |
DEEPAK NITRITE LTD | 4,796.62 | 7.50 | 35,958.0 |
TATA CHEMICALS LTD | 22,241.00 | 1.21 | 26,967.2 |
GODREJ INDUSTRIES LTD | 7,989.07 | 3.91 | 31,270.8 |
AARTI INDUSTRIES LTD | 5,287.42 | 3.00 | 15,883.8 |
ATUL LTD | 5,114.34 | 4.20 | 21,493.2 |
VINATI ORGANICS LTD | 2,301.19 | 8.27 | 19,028.3 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs ORIENTAL CARBON & CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.36x |
Max industry PB | 27.35x |
Median industry PB | 5.78x |
Average industry PB | 7.95x |
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